Articles by November, 2023

In a highly anticipated turn of events, 12 Israeli hostages, including a 13-year-old girl, four boys, and seven women, have been released from captivity in Gaza. Families anxiously awaited their return for 54 days, enduring a nerve-wracking wait for messages that never arrived. The release marks a significant development in the ongoing hostage situation.

In the third quarter of this year, Strauss reported a notable increase in sales, reaching NIS 2.67 billion, marking a 7.3% rise compared to the corresponding quarter. However, the company's profitability is under pressure, with a net profit of NIS 120 million, significantly lower than the NIS 204 million in the third quarter of 2021

Amid reports of an imminent end to the cease-fire and the tragic shooting attack in Jerusalem claiming three lives and injuring seven, the shekel experiences a downward trend today. The dollar responds by surging 0.9%, reaching approximately NIS 3.71, while the euro climbs 0.3%, trading near NIS 4.05

Tel Aviv, once topping the list two years ago, has slid to the 8th position in The Economist magazine's latest ranking of the world's most expensive cities. Last year's third-place ranking now sees Tel Aviv sharing the spot with Copenhagen. The city's descent is attributed to the recent conflict in Gaza, affecting exchange rates and subsequently influencing prices. The survey, conducted between August 14 and September 11, revealed a global average price increase of 7.4% this year, slightly lower than the 8.1% jump in the previous year. Analysts express optimism about a potential slowdown...

In a horrifying incident earlier today, two terrorists opened fire on civilians at a bus stop near the Givat Shaul intersection in Jerusalem, resulting in the death of three Israelis and injuring ten others. The attackers, identified as Murad and Ebrahim Namer, both residents of East Jerusalem aged 38 and 30, were swiftly neutralized by a combination of soldiers and a civilian present at the scene